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1239 Willoughby Avenue Brooklyn, NY 11237

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For Sale
$2,300,000

Two rent-stabilized six-family buildings in prime Bushwick neighborhood.

Type:Commercial/Industrial
Added:
Mar 12, 2026
Days on Market:
22
Last Refresh:
Mar 25 at 11:47 pm

Property Features for 1239 Willoughby Avenue

General Information

Standard status
Active
Property subtype
Commercial/Industrial

Building Details

Year Built
1931

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Listing Contact
Theo F. Eastwind

Listing agent Theo F. Eastwind License #10301212398

Listing office Capri Jet Realty Corp

Listing date Mar 12, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Capri Jet Realty Corp


Overview

Two Multifamily Buildings Package Deal

This portfolio sale features two six-family properties located in the Bushwick neighborhood, conveniently situated between the DeKalb Avenue L and Central Avenue M train stations. The buildings are surrounded by a variety of restaurants, cafes, shops, boutiques, and bars. The properties consist of a total of 12 rent-stabilized units, including one vacant unit. Both buildings are zoned R6. The buildings at 1239 Willoughby Ave and 1241 Willoughby Ave are brick structures. Each building has lot dimensions of 25 ft x 100 ft and building dimensions of 25 ft x 65 ft. The annual taxes for each property are $10,064. These two properties can be sold together with two other six-family properties at 243-246 Troutman St as a package deal.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9229
Latitude
40.7045

FAQs

What type of property is this?
Apartment building - Two rent-stabilized six-family buildings in prime Bushwick neighborhood.
Where is this apartment building located?
The property is located at 1239 Willoughby Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8. 5% CAP Rate; Two 6‑Family Rent‑Stabilized Buildings; Prime Bushwick Location near L and M Train Stations
More about this property
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